Bankwest shuts 29 branches, cuts 200 jobs as customers go online
Updated
Bankwest's surprise decision to close 29 branches along the east coast, cutting 200 jobs in the process, is a sign that the demise of face-to-face banking, long in decline in the country, is reaching the city.
Commonwealth Bank-owned Bankwest said the branches will close over a three-week period from August 17, reducing its NSW, Victoria and Queensland presence to 14 "key" branches.
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Alice Uribe writes on Financial Services and Insurance
David Marin-Guzman writes about industrial relations, workplace, policy and leadership from Sydney. Connect with David on Twitter. Email David at david.marin-guzman@afr.com
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